Cypress Capital Management LLC (WY)

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Cypress Capital Management LLC (WY) reported 173 stock positions worth $92.1 million. Its top holding was Apple (AAPL) at 18.2% of the portfolio, followed by Costco Wholesale (COST, 5.3%) and Nuveen Nasdaq 100 DYN Overwr (QQQX, 4.7%). Compared with Q1 2025, it opened 21 new positions, sold out of 11, added to 11 and reduced 49. The biggest buy was Nuveen Nasdaq 100 DYN Overwr (QQQX, shares +150%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
SHERIDAN, WY
CIK
0001633896
Portfolio Value
$92.1M (Q2 2025)
SEC Filing
0001633896-25-000003 ↗ filed Aug 7, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $91.5M Q1 2024 Q2 2024: $93.2M Q2 2024 Q3 2024: $92.5M Q3 2024 Q4 2024: $87.4M Q4 2024 Q1 2025: $83.7M Q1 2025 Q2 2025: $92.1M $92.1M Q2 2025 Q3 2025: $99.4M Q3 2025 Q4 2025: $103.3M Q4 2025 Q1 2026: $105.1M Q1 2026 Q2 2026: $118.2M Q2 2026

Holdings 173 stocks · $92.1M
AAPL Apple Inc. 18.23% 81,832 $16.8M Reduce -0.5%
COST Costco Wholesale Corp. 5.27% 4,902 $4.9M Add +2.4%
QQQX Nuveen Nasdaq 100 DYN Overwr 4.73% 161,035 $4.4M Add +150.4%
XETYX Eaton Vance Tax-MGD Div Eqty 4.71% 280,492 $4.3M Add +141.3%
BGR BlackRock Enrgy & Res TR 4.39% 304,783 $4.0M Add +150.7%
PM Philip Morris International 3.88% 19,600 $3.6M Reduce -0.4%
FIBK First Interstate Bancsys-A 3.09% 98,775 $2.8M Reduce -1.4%
AMLP Alerian MLP ETF 2.92% 55,044 $2.7M Add +7.3%
IJT iShares S&P Small-Cap 600 GR 2.89% 20,023 $2.7M Reduce -3.1%
JPM JPMorgan Chase & Co. 2.63% 8,355 $2.4M Reduce -1.0%
V Visa Inc. Class A 2.46% 6,394 $2.3M Reduce -1.7%
PHYS Sprott Physical Gold Trust 2.46% 89,525 $2.3M Reduce -22.2%
CCJ Cameco Corp. 2.18% 27,030 $2.0M Reduce -4.3%
AGI Alamos Gold Inc. Class A 2.09% 72,475 $1.9M Reduce -38.1%
XOM Exxon Mobil Corp. 1.93% 16,486 $1.8M Reduce -1.5%
KRE SS SPDR S&P Regional Bank 1.77% 27,404 $1.6M Reduce -4.1%
NVDA Nvidia Corp. 1.73% 10,066 $1.6M Reduce -0.8%
CLS Celestica Inc. 1.64% 9,652 $1.5M Reduce -3.5%
BUI Blckrck Util Infra & PWR Opp filed as BLACKROCK UTILS INFRASTRUCTU 1.58% 56,525 $1.5M New
JEPI JPMorgan Equity Premium Inco 1.56% 25,293 $1.4M Reduce -3.8%
XBMEX BlackRock Health Sciences 1.53% 38,545 $1.4M New
CVX Chevron Corp. 1.51% 9,699 $1.4M Reduce -2.5%
AEM Agnico Eagle Mines Ltd. 1.49% 11,545 $1.4M Reduce -29.6%
CELH Celsius Holdings Inc. 1.35% 26,739 $1.2M Reduce -2.6%
MSFT Microsoft Corp. 1.30% 2,412 $1.2M Reduce -2.6%
SCCO Southern Copper Corp. 1.30% 11,835 $1.2M Reduce -1.6%
EQT Eqt Corp. 1.26% 19,859 $1.2M New
AEP American Electric Power 1.13% 10,055 $1.0M Reduce -4.0%
XLV SS Health Care Select Sector 1.10% 7,487 $1.0M No change
AMD Advanced Micro Devices 1.05% 6,803 $965K Reduce -3.5%
AMH American Homes 4 Rent- A 1.03% 26,257 $947K Reduce -4.0%
GOOGL Alphabet Inc. Class A 1.03% 5,372 $947K Reduce -1.4%
NUE Nucor Corp. 0.88% 6,228 $807K Reduce -2.6%
AER Aercap Holdings NV 0.87% 6,816 $797K Reduce -51.1%
CVI CVR Energy Inc. 0.80% 27,488 $738K Reduce -5.2%
BRK.A Berkshire Hathaway Inc. Class A 0.79% 1 $729K No change
AMZN Amazon.com Inc. 0.70% 2,924 $641K Reduce -3.0%
EPD Enterprise Products Partners 0.46% 13,775 $427K No change
ET Energy Transfer LP 0.39% 19,900 $361K No change
IGV iShares Expanded Tech-Softwa 0.38% 3,177 $348K Reduce -1.1%
RACE Ferrari NV 0.35% 650 $319K No change
ABT Abbott Laboratories 0.32% 2,189 $298K Add +2.3%
PG The Procter & Gamble Co. 0.30% 1,725 $275K No change
BRK.B Berkshire Hathaway Inc. Class B 0.28% 537 $261K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.28% 3,485 $253K Reduce -1.2%
SCHG Schwab US Large-Cap Growth 0.27% 8,606 $251K Reduce -9.3%
GLD SPDR Gold Shares 0.26% 774 $236K Reduce -49.3%
RTX RTX Corp. 0.24% 1,515 $221K Reduce -3.2%
CRM Salesforce Inc. 0.24% 800 $218K No change
HON Honeywell International Inc. 0.21% 828 $193K No change
RSG Republic Services Inc. 0.20% 751 $185K No change
QQQ Invesco QQQ Trust Series 1 0.19% 315 $174K No change
MO Altria Group Inc. 0.19% 2,900 $173K No change
ARI Apollo Commercial Real Estat 0.17% 16,333 $158K No change
MCD McDonald's Corp. 0.16% 500 $146K No change
USB US Bancorp 0.15% 3,102 $140K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.14% 1,599 $131K Reduce -12.3%
IYG iShares U.S. Financial Servi 0.13% 1,395 $119K Reduce -16.7%
VENU Venu Holding Corp. filed as VENU HLDG CORP 0.12% 9,280 $109K Reduce -17.7%
DGX Quest Diagnostics Inc. 0.12% 600 $108K No change
PEP Pepsico Inc. 0.11% 774 $102K No change
MMM 3M Co. 0.11% 661 $101K No change
JNJ Johnson & Johnson 0.10% 611 $93K No change
CL Colgate-Palmolive Co. 0.10% 1,000 $91K No change
EMR Emerson Electric Co. 0.10% 675 $90K No change
CARR Carrier Global Corp. 0.10% 1,210 $89K No change
LLY Eli Lilly & Co. 0.09% 111 $87K Add +35.4%
EOS Eaton Vance Enh Eqt Inc. II 0.09% 3,550 $86K No change
KMB Kimberly-Clark Corp. 0.09% 616 $80K No change
KO The Coca-Cola Co. 0.09% 1,118 $80K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 180 $79K Reduce -37.9%
VZ Verizon Communications Inc. 0.08% 1,797 $78K No change
XLK SS Technology Select Sector 0.08% 304 $77K No change
COF Capital One Financial Corp. 0.08% 355 $76K New
GRAL Grail Inc. 0.08% 1,400 $72K New
LOPE Grand Canyon Education Inc. 0.08% 375 $71K No change
SMH Vaneck Semiconductor ETF 0.07% 239 $67K Reduce -4.4%
VIG Vanguard Dividend Apprec ETF 0.07% 318 $65K No change
EW Edwards Lifesciences Corp. 0.07% 830 $65K No change
WFC Wells Fargo & Co. 0.06% 702 $56K New
ITW Illinois Tool Works 0.06% 220 $55K No change
FCX Freeport-McMoran Inc. 0.06% 1,219 $53K Add +76.7%
K Kellanova 0.06% 653 $52K No change
NRIM Northrim Bancorp Inc. 0.05% 542 $51K Add +0.6%
OTIS Otis Worldwide Corp. 0.05% 500 $50K No change
ITA iShares U.S. Aerospace & Def 0.05% 260 $49K Reduce -2.3%
ENB Enbridge Inc. 0.05% 1,078 $49K No change
FNGS Microsectors Fang+ Etns filed as BANK MONTREAL MEDIUM 0.05% 745 $49K Reduce -0.3%
XEXGX Eaton Vance Tax-Managed Glob 0.05% 5,000 $44K No change
BKE The Buckle Inc. 0.04% 907 $41K No change
UFOX Defiance Space and Connectiv 0.04% 773 $41K New
OKE Oneok Inc. 0.04% 466 $38K Reduce -22.2%
T AT&T Inc. 0.04% 1,244 $36K No change
XLF SS Financial Select Sector 0.04% 687 $36K No change
O Realty Income Corp. 0.04% 609 $35K No change
XLI SS Industrial Select Sector 0.04% 235 $35K No change
DVY iShares Select Dividend ETF 0.04% 261 $35K No change
CVNA Carvana Co. 0.04% 100 $34K No change
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.04% 601 $33K New
LMT Lockheed Martin Corp. 0.04% 71 $33K No change
ABBV Abbvie Inc. 0.03% 169 $31K No change
SBUX Starbucks Corp. 0.03% 324 $30K No change
PSA Public Storage 0.03% 96 $28K No change
MRK Merck & Co. Inc. 0.03% 335 $27K No change
ACRE Ares Commercial Real Estate 0.03% 5,000 $24K Reduce -9.1%
ARCC Ares Capital Corp. 0.02% 1,000 $22K No change
UBER Uber Technologies Inc. 0.02% 235 $22K No change
PENN Penn Entertainment Inc. 0.02% 1,057 $19K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 30 $19K No change
USO United States Oil Fund LP 0.02% 250 $18K Reduce -76.6%
KHC The Kraft Heinz Co. 0.02% 669 $17K No change
NBIS Nebius Group NV 0.02% 300 $17K No change
HOOD Robinhood Markets Inc. Class A 0.02% 175 $16K New
BAR Graniteshares Gold Trust 0.02% 485 $16K No change
BND Vanguard Total Bond Market 0.02% 200 $15K No change
SCHX Schwab US Large-Cap ETF 0.02% 578 $14K New
XLB SS Materials Select Sector 0.01% 150 $13K No change
GOOG Alphabet Inc. Class C 0.01% 70 $12K New
SMCI Super Micro Computer Inc. 0.01% 250 $12K New
IGF iShares Global Infrastructur 0.01% 198 $12K No change
MTDR Matador Resources Co. 0.01% 230 $11K No change
VCIT Vanguard Int-Term Corporate 0.01% 120 $10K No change
BKH Black Hills Corp. 0.01% 150 $8K No change
LUMN Lumen Technologies Inc. 0.01% 1,812 $8K No change
BSM Black Stone Minerals LP 0.01% 600 $8K No change
SM SM Energy Co. 0.01% 310 $8K No change
LX Lexinfintech Holdings L-ADR 0.01% 1,000 $7K No change
RGR Sturm Ruger & Co. Inc. 0.01% 200 $7K No change
IEFA iShares Core MSCI Eafe ETF 0.01% 84 $7K New
CRK Comstock Resources Inc. 0.01% 250 $7K No change
PSEC Prospect Capital Corp. 0.01% 2,145 $7K Add +2.5%
B Barrick Mining Corp. 0.01% 300 $6K No change
IWY iShares Russell Top 200 Grow 0.01% 22 $5K No change
BA The Boeing Co. 0.01% 23 $5K Reduce -89.7%
NKE Nike Inc. Class B 0.01% 64 $5K No change
LPX Louisiana-Pacific Corp. 0.00% 50 $4K No change
SCHM Schwab US Mid Cap ETF 0.00% 141 $4K New
APA Apa Corp. 0.00% 207 $4K No change
GME Gamestop Corp. Class A 0.00% 150 $4K New
BABA Alibaba Group Holding-SP ADR 0.00% 28 $3K No change
SILJ Amplify Junior Silver Miners 0.00% 209 $3K Add +2222.2%
IEMG iShares Core MSCI Emerging 0.00% 49 $3K New
APPS Digital Turbine Inc. 0.00% 495 $3K No change
OUT Outfront Media Inc. 0.00% 146 $2K No change
SOLV Solventum Corp. 0.00% 25 $2K No change
SLV iShares Silver Trust 0.00% 50 $2K No change
PCY Invesco Emerging Markets Sov 0.00% 80 $2K New
SPSM SS SPDR P S&P 600 Small Cap 0.00% 38 $2K New
NFLX Netflix Inc. 0.00% 1 $1K No change
PRGO Perrigo Co. PLC 0.00% 50 $1K No change
AAOI Applied Optoelectronics Inc. 0.00% 50 $1K No change
SCHV Schwab US Large-Cap Value 0.00% 45 $1K No change
SKGR SK Growth Opportunities Co. Class A 0.00% 100 $1K New
TLT iShares 20+ Year Treasury BD 0.00% 13 $1K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 9 $1K Reduce -93.4%
F Ford Motor Co. filed as FORD MTR CO 0.00% 100 $1K New
SNAP Snap Inc. Class A 0.00% 100 $869 New
AMC AMC Entertainment HLDS Class A 0.00% 156 $484 No change
QTRX Quanterix Corp. 0.00% 60 $399 No change
CRON Cronos Group Inc. 0.00% 100 $191 No change
PSLV Sprott Physical Silver Trust 0.00% 15 $184 No change
ACGL Arch Capital Group Ltd. 0.00% 2 $182 Reduce -94.6%
GDX Vaneck Gold Miners ETF 0.00% 3 $156 Reduce -100.0%
GDXJ Vaneck Junior Gold Miners 0.00% 2 $135 No change
FL Foot Locker Inc. 0.00% 4 $98 No change
TAP Molson Coors Beverage Co. Class B 0.00% 2 $96 No change
DKNG Draftkings Inc. Class A 0.00% 2 $86 No change
PBR Petroleo Brasileiro-Spon ADR 0.00% 4 $50 Reduce -100.0%
BTU Peabody Energy Corp. 0.00% 3 $40 Reduce -100.0%
UUP Invesco DB US Dollar Index B 0.00% 1 $27 No change
NXH Neighborhood Intelligence Inc. filed as BEYOND INC 0.00% 2 $14 No change
NKLAQ Nikola Corp. 0.00% 33 $2 No change
AMPE Ampio Pharmaceuticals Inc. 0.00% 440 $1 Reduce -2.2%

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -0.5% 18.23% −3.60
GDX Vaneck Gold Miners ETF Reduce -100.0% 0.00% −1.82
AGI Alamos Gold Inc. Class A Reduce -38.1% 2.09% −1.65
PBR Petroleo Brasileiro-Spon ADR Reduce -100.0% 0.00% −1.04
PHYS Sprott Physical Gold Trust Reduce -22.2% 2.46% −0.84
AER Aercap Holdings NV Reduce -51.1% 0.87% −0.84
BTU Peabody Energy Corp. Reduce -100.0% 0.00% −0.76
AEM Agnico Eagle Mines Ltd. Reduce -29.6% 1.49% −0.63
CVX Chevron Corp. Reduce -2.5% 1.51% −0.48
XOM Exxon Mobil Corp. Reduce -1.5% 1.93% −0.45
FIBK First Interstate Bancsys-A Reduce -1.4% 3.09% −0.34
GLD SPDR Gold Shares Reduce -49.3% 0.26% −0.27
V Visa Inc. Class A Reduce -1.7% 2.46% −0.26
AEP American Electric Power Reduce -4.0% 1.13% −0.23
JEPI JPMorgan Equity Premium Inco Reduce -3.8% 1.56% −0.23
AMH American Homes 4 Rent- A Reduce -4.0% 1.03% −0.21
IJT iShares S&P Small-Cap 600 GR Reduce -3.1% 2.89% −0.18
KRE SS SPDR S&P Regional Bank Reduce -4.1% 1.77% −0.17
USO United States Oil Fund LP Reduce -76.6% 0.02% −0.08
NUE Nucor Corp. Reduce -2.6% 0.88% −0.04
SCCO Southern Copper Corp. Reduce -1.6% 1.30% −0.04
VUG Vanguard Mrngstar GR ETF-Sui Reduce -37.9% 0.09% −0.04
BA The Boeing Co. Reduce -89.7% 0.01% −0.04
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.03
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -12.3% 0.14% −0.03
OKE Oneok Inc. Reduce -22.2% 0.04% −0.03
IYG iShares U.S. Financial Servi Reduce -16.7% 0.13% −0.03
DIS The Walt Disney Co. Reduce -93.4% 0.00% −0.01
SCHG Schwab US Large-Cap Growth Reduce -9.3% 0.27% −0.01
RTX RTX Corp. Reduce -3.2% 0.24% −0.01
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.01
VENU Venu Holding Corp. Reduce -17.7% 0.12% −0.01
VTLE Vital Energy Inc. Sold out 0.00% −0.01
EFG iShares MSCI Eafe Growth ETF Sold out 0.00% −0.01
ACRE Ares Commercial Real Estate Reduce -9.1% 0.03% −0.00
HOG Harley-Davidson Inc. Sold out 0.00% −0.00
RKLB Rocket Lab USA Inc. Sold out 0.00% −0.00
ACGL Arch Capital Group Ltd. Reduce -94.6% 0.00% −0.00
SGDJ Sprott Jr. Gold Miners ETF Sold out 0.00% −0.00
DOCS Doximity Inc. Class A Sold out 0.00% −0.00
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.00
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -1.2% 0.28% −0.00
PROSHARES ULTRA BLOOMBERG NA Sold out 0.00% −0.00
PROSHARES TR II Sold out 0.00% −0.00
AMPE Ampio Pharmaceuticals Inc. Reduce -2.2% 0.00% 0.00
ITA iShares U.S. Aerospace & Def Reduce -2.3% 0.05% +0.00
FNGS Microsectors Fang+ Etns Reduce -0.3% 0.05% +0.01
SMH Vaneck Semiconductor ETF Reduce -4.4% 0.07% +0.01
AMZN Amazon.com Inc. Reduce -3.0% 0.70% +0.01
GOOGL Alphabet Inc. Class A Reduce -1.4% 1.03% +0.02

Portfolio Buys Q1 2025 → Q2 2025
QQQX Nuveen Nasdaq 100 DYN Overwr Add +150.4% 4.73% +2.86
XETYX Eaton Vance Tax-MGD Div Eqty Add +141.3% 4.71% +2.73
BGR BlackRock Enrgy & Res TR Add +150.7% 4.39% +2.41
BUI Blckrck Util Infra & PWR Opp New 1.58% +1.58
XBMEX BlackRock Health Sciences New 1.53% +1.53
EQT Eqt Corp. New 1.26% +1.26
COF Capital One Financial Corp. New 0.08% +0.08
GRAL Grail Inc. New 0.08% +0.08
WFC Wells Fargo & Co. New 0.06% +0.06
UFOX Defiance Space and Connectiv New 0.04% +0.04
BNS Bank of Nova Scotia New 0.04% +0.04
FCX Freeport-McMoran Inc. Add +76.7% 0.06% +0.03
HOOD Robinhood Markets Inc. Class A New 0.02% +0.02
SCHX Schwab US Large-Cap ETF New 0.02% +0.02
GOOG Alphabet Inc. Class C New 0.01% +0.01
SMCI Super Micro Computer Inc. New 0.01% +0.01
LLY Eli Lilly & Co. Add +35.4% 0.09% +0.01
NRIM Northrim Bancorp Inc. Add +0.6% 0.05% +0.01
IEFA iShares Core MSCI Eafe ETF New 0.01% +0.01
SCHM Schwab US Mid Cap ETF New 0.00% +0.00
GME Gamestop Corp. Class A New 0.00% +0.00
SILJ Amplify Junior Silver Miners Add +2222.2% 0.00% +0.00
IEMG iShares Core MSCI Emerging New 0.00% +0.00
PCY Invesco Emerging Markets Sov New 0.00% +0.00
SPSM SS SPDR P S&P 600 Small Cap New 0.00% +0.00
SKGR SK Growth Opportunities Co. Class A New 0.00% +0.00
F Ford Motor Co. New 0.00% +0.00
SNAP Snap Inc. Class A New 0.00% +0.00
PSEC Prospect Capital Corp. Add +2.5% 0.01% −0.00
ABT Abbott Laboratories Add +2.3% 0.32% −0.02
COST Costco Wholesale Corp. Add +2.4% 5.27% −0.14
AMLP Alerian MLP ETF Add +7.3% 2.92% −0.26

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 211$118.2MAAPL, QQQX, XETYX, RVT, BGR
Q1 2026 202$105.1MAAPL, XETYX, QQQX, BGR, COST
Q4 2025 205$103.3MAAPL, QQQX, XETYX, BGR, COST
Q3 2025 178$99.4MAAPL, QQQX, XETYX, COST, BGR
Q2 2025 173$92.1MAAPL, COST, QQQX, XETYX, BGR
Q1 2025 163$83.7MAAPL, COST, AGI, PM, FIBK
Q4 2024 150$87.4MAAPL, COST, FIBK, IJT, AMLP
Q3 2024 162$92.5MAAPL, COST, GLD, GDX, FIBK
Q2 2024 165$93.2MAAPL, COST, GLD, GDX, FIBK
Q1 2024 168$91.5MAAPL, TLT, GLD, COST, FIBK